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Isostatic Pressing Market 2022: Overview, Analysis, Growth, Demand and Forecast 2027

11-22-2022 07:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Isostatic Pressing Market Report

Isostatic Pressing Market Report

According to the latest report by IMARC Group, titled "Isostatic Pressing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The global isostatic pressing market reached a value of US$ 6.06 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.4 Billion by 2027 exhibiting a CAGR of 5.20% during 2022-2027.

Report Metric

Historical: 2016-2021

Base Year: 2021

Forecast Year: 2022-2027

Download free sample of the report: https://www.imarcgroup.com/isostatic-pressing-market/requestsample

Global Isostatic Pressing Market Industry Definition and Application:

Isostatic pressing (IP) refers to the powder metal manufacturing process that uses fluid pressure to improve porosity in powdered metals. The material is modified by uniformly pressing them in all directions in order to achieve maximum uniform density through the use of water, oil, or gas (generally argon (Ar). By performing pressure pressing without the geometric constraints of uniaxial pressing, the powder becomes highly compact and uniform without compromising its microstructure. The isostatic pressing process can be performed at either high or low temperatures. Consequently, IP processes are widely used on ceramic balls, fuse and lighting tubes, and spark plug insulators.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Isostatic Pressing Market Trends and Drivers:

The market is majorly driven by the escalating demand for materials with high density and low porosity in 3D printing applications. This can be attributed to the rapid utilization of additive manufacturing technology in the automotive sector for manufacturing spare parts at low costs. In line with this, a considerable rise in the development of products with short production cycles in numerous end-use industries, primarily healthcare, energy and power, and aerospace and defense sectors, are propelling the market. Moreover, the growing need for low-cost titanium and its different alloys in numerous manufacturing applications is further creating a positive outlook for the market. Some of the other factors providing an impetus to the market growth include rapid industrialization, continual technological advancements in heat treatment processes, and extensive research and development (R&D) activities conducted by key players.

Browse full report with TOC: https://www.imarcgroup.com/isostatic-pressing-market

Global Isostatic Pressing Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The report has segmented the market on the basis on region, type, offering, application.

Breakup by Type:

Hot Isostatic Pressing
Cold Isostatic Pressing

Breakup by Offering:

Services
Systems

Breakup by Application:

Automotive
Aerospace and Defense
Medical
Precision Machine Manufacturing
Energy and Power
Others

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Bodycote
Dorst Technologies GmbH & Co. KG
EPSI
Fluitron Inc
FREY & Co. GmbH
Hiperbaric
Hoeganaes AB
Isostatic Pressing Services
Kobe Steel Ltd
MTI Corporation
Nikkiso Co. Ltd
Pressure Technology Inc

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IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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